Tatas

Green shoots in the component ecosystem have emerged with large companies such as Tatas entering component manufacturing.

Chrissy Teigen Poses Topless — Check Out Her Post-Implant Removal Tatas She Wants Even ‘Smaller’!

In the current scenario, experts feel the Tatas are a better choice as AI’s new owner.

Koushik Jagathalaprathaban, Independent Consultant at consultancy AT-TV, said the AirAsia deal will provide the Tatas with an alternative way to bid for Air India should Singapore Airlines (SIA) decline to invest through Vistara, a Tata-SIA joint venture.

Secondly, the Tatas will have to keep 50 per cent of the value of the shares in a deposit as long as the case is being heard at various courts,” said an industry expert on corporate law.

Then again through a letter of urgency on the same day to the Supreme Court registrar, the Tatas pointed out that when the court heard the petition on January 10, 2020, no shares were subject to any pledge, charge or encumbrance.

Through the petition, the Tatas have sought to prevent the SP Group from creating any direct or indirect pledge of shares.